Is AMD going to go up and price today or tomorrow?

AMD's short-term price movement is uncertain. Here's a analysis to support this view:

1. Recent Performance: AMD's stock price has experienced a decline of 2.22% on October 31, 2024. This recent dip could indicate a bearish sentiment among investors.

2. Earnings Release: AMD's earnings report for the third quarter of 2024 has been released, which is typically a significant event that can influence stock prices. However, the market may have already priced in the expectations from this report.
3. Investor Sentiment: Investor sentiment towards AMD is mixed. While some analysts and investors remain optimistic about AMD's growth in the AI and data center segments, others are concerned about the company's ability to meet the high expectations set by its AI chip sales target for 2024. The sentiment score of 75 out of 100 suggests a neutral to positive sentiment overall.
4. Market Position: AMD is competing with Nvidia in the AI chip market, and its stock price may be affected by comparisons and competition with Nvidia's performance. Nvidia's stock price fell by only 0.3% on the same day, indicating that the market may have different expectations for AMD.
5. Price Target Adjustments: Recent price target adjustments by analysts, such as UBS lowering the price target to $205 from $210, suggest that while there is potential for upside, there may also be some cautionary notes regarding short-term performance.
6. Long-Term Outlook: Despite the short-term uncertainties, the long-term growth potential of AMD in the AI and data center segments could support higher stock prices over time.

In conclusion, while AMD has potential for an upside in the future, whether it will go up significantly today or tomorrow is uncertain and depends on various factors including investor sentiment, market conditions, and competition. Investors should consider these factors and their own investment horizon before making decisions.